Composite Materials Market, 2016 – 2024
composite material is also knows as composition material. It consists of one or more constituent materials with different chemical or physical properties.
composite material is also knows as composition material. It consists of one or more constituent materials with different chemical or physical properties.
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Published By:Zion <strong>Market</strong> Research<br />
<strong>Composite</strong> <strong>Materials</strong> <strong>Market</strong>: Global Industry Analysis, Size, Share,<br />
Growth, Trends, and Forecasts <strong>2016</strong><strong>–</strong><strong>2024</strong><br />
Contact Us:<br />
4283, Express Lane, Suite 634-143,<br />
Sarasota, Florida 34249, United States<br />
Tel: +1-386-310-3803 GMT<br />
Tel: +49-322 210 92714<br />
USA/Canada Toll Free No.1-855-465-4651<br />
sales@zionmarketresearch.com
<strong>Composite</strong> <strong>Materials</strong> <strong>Market</strong><br />
Global <strong>Composite</strong> <strong>Materials</strong> <strong>Market</strong> for Automotive: Overview<br />
composite material is also knows as composition material. It consists of one or more constituent<br />
materials with different chemical or physical properties. They combine together to produce<br />
different materials with varied characteristics from individual components. This new material<br />
form is distinct in characteristic and is lighter, cost effective, and stronger than normal<br />
materials. Recently, researchers actively incorporated computation, sensing, communication,<br />
and actuation in this material, which is known as Robotic <strong>Materials</strong>.<br />
Request Free Sample Report @ https://www.zionmarketresearch.com/sample/compositematerials-market<br />
Global <strong>Composite</strong> <strong>Materials</strong> <strong>Market</strong> for Automotive: Growth Factors<br />
Government support for fuel efficiency and increasing demand for fuel-efficient vehicles boost<br />
the global composite materials market for automotive in the near future. Major original<br />
equipment manufacturers (OEMs) are getting associated with composite material<br />
manufacturers, which is expected to boost the global market growth. Growing automotive<br />
industries also fuel the global market owing to automotive interiors such as seat covers, door<br />
panel, steering wheel, dashboard, and so on made of composite material. <strong>Composite</strong> materials
<strong>Composite</strong> <strong>Materials</strong> <strong>Market</strong><br />
are accepted by many automotive industries for safety standards and are anticipated to show<br />
significant growth in the market in future. Natural fiber-reinforced plastic composite is majorly<br />
preferred for automotive interiors due to varied applications such as gear knobs, flooring, seat<br />
trims, and others. However, carbon fiber-reinforced plastic (CFRP) is prominently used in the<br />
sports and luxury vehicles for automotive interiors and dashboards. It possesses high<br />
appearance and strength-to-weight ratio; this is anticipated to fuel market growth in future.<br />
Request Report TOC (Table of Contents) @<br />
https://www.zionmarketresearch.com/toc/composite-materials-market<br />
Global <strong>Composite</strong> <strong>Materials</strong> <strong>Market</strong> for Automotive: Segmentation<br />
The global composite materials market for automotive is bifurcated based on application as,<br />
powertrain, exterior, structural, interior and others. The composite materials market for<br />
automotive is further segmented on the basis of composite materials as glass fiber reinforced<br />
plastic (GFRP), ceramic matrix composite (CMC), polymer matrix composite (PMC), metal matrix<br />
composite (MMC), carbon fiber reinforced plastic (CFRP), and natural fiber reinforced plastic<br />
(NFRP). Of these, natural fiber reinforced plastic (NFRP) is the dominating composite materials<br />
segment in the global composite materials market for automotive.<br />
Global <strong>Composite</strong> <strong>Materials</strong> <strong>Market</strong> for Automotive: Regional Analysis<br />
North America is the leading player in the global composite materials market for automotive.<br />
This region is anticipated to grow at a faster rate due to increasing automotive production. The<br />
automotive industry is growing mainly for light vehicles in this region which is positively<br />
impacting the global composite materials market for automotive growth. Growing production
<strong>Composite</strong> <strong>Materials</strong> <strong>Market</strong><br />
and profitability in North America for automotive market is anticipated to witness of high growth<br />
in next few years.<br />
Global <strong>Composite</strong> <strong>Materials</strong> <strong>Market</strong> for Automotive: Competitive Players<br />
Major players in the global composite materials market for automotive include BASF, Tetra-<br />
Dur GmbH, DuPont, DSM <strong>Composite</strong> Resin, Lorenz GmbH, and RTP. Many companies opt for<br />
strategies such as product launch, mergers, and acquisitions to acquire largest market share.<br />
For example, Sigmatex, the world’s leading independent converter of carbon fiber, launched<br />
Sigmatex, within sigmaRF product range.<br />
Global <strong>Composite</strong> <strong>Materials</strong> <strong>Market</strong> for Automotive: Regional Segment Analysis<br />
<br />
<br />
<br />
<br />
<br />
North America<br />
o U.S.<br />
Europe<br />
o UK<br />
o France<br />
o Germany<br />
Asia Pacific<br />
o China<br />
o Japan<br />
o India<br />
Latin America<br />
o Brazil<br />
The Middle East and Africa
<strong>Composite</strong> <strong>Materials</strong> <strong>Market</strong><br />
What Reports Provides<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Full in-depth analysis of the parent market<br />
Important changes in market dynamics<br />
Segmentation details of the market<br />
Former, on-going, and projected market analysis in terms of volume and value<br />
Assessment of niche industry developments<br />
<strong>Market</strong> share analysis<br />
Key strategies of major players<br />
Emerging segments and regional markets<br />
Testimonials to companies in order to fortify their foothold in the market<br />
Browse detail report @ https://www.zionmarketresearch.com/report/composite-materialsmarket
<strong>Composite</strong> <strong>Materials</strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research<br />
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />
Tel: +1-386-310-3803 GMT<br />
+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
Email: sales@zionmarketresearch.com<br />
Web:www.zionmarketresearch.com
Change language